NOT LISTED FOR SALE

531 Cherry St Niles, MI 49120

Niles Area

Estimated Value: $135,000 - $172,000

3 Beds
1 Bath
1,176 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2017

Last sale price $21,900 $19 Per Sq Ft

Est. 626% increase in value since last sale

Current estimated payment $1,026 / mo

92 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • Recreation Room
  • Den
  • 5-minute walk to Orchard Park

About This Home

As of April 2017

3 Bed, 1.5 bath home located in Niles, MI. This is a spacious home on a nice sized lot. The interior of this home will need some updating to the kitchen and bathrooms but overall is a great home. This home has a lot of potential!

Last Agent to Sell the Property

Ryan Gehris

USREALTY.COM LLP - I Listed on: 12/20/2016

Last Buyer's Agent

Ryan Gehris

USREALTY.COM LLP - I Listed on: 12/20/2016

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56x115
  • Level Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Michigan Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 18.62
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 56X115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1176.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1330.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: No
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1176.0
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 1176.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 21900.0
  • Lot Features: Level
  • Patio and Porch Features: Deck
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 56X115
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Apr 6, 2017
Sold by
Bought by
Seller's Agent
Ryan Gehris
USREALTY.COM LLP - I
Buyer's Agent
Ryan Gehris
USREALTY.COM LLP - I
List Price
$23,900
Sold Price
$21,900
Premium/Discount to List
-$2,000
-8.37%
Current Estimated Value
$159,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,200
Avg. Annual Appreciation
23.54%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,440
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2002

Purchase Details

Closed on
Oct 1, 2001

Purchase Details

Closed on
Nov 16, 2000

Purchase Details

Closed on
Feb 22, 1996
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$21,900 Mtc
-- Bay National Title Company
$10,875 Bay National Title Company
-- None Available
-- None Available
$44,250 None Available
$89,631 None Available
-- American Title Services Llc
$47,900 --
$18,300 --
$49,600 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $59,440
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $21,900 -8.4% $19 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $23,900 -- $20 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,836 $57,000 $0 $0
2025 $1,845 $53,600 $0 $0
2024 $946 $49,300 $0 $0
2023 $907 $42,800 $0 $0
2022 $864 $39,900 $0 $0
2021 $1,571 $37,200 $3,500 $33,700
2020 $1,552 $28,400 $0 $0
2019 $1,530 $35,400 $9,500 $25,900
2018 $1,844 $35,400 $0 $0
2017 $1,668 $29,600 $0 $0
2016 $1,330 $27,600 $0 $0
2015 $1,327 $25,400 $0 $0
2014 $696 $25,200 $0 $0
Source: Public Records

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Map

Source: MichRIC

MLS Number: 16060533

MichRIC

APN: 11-73-2730-0031-02-1

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